Author Archives
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A Third Of Mainstream Investment Firms Believe Crypto Is ‘Rat Poison’, Shows JPMorgan Survey
A survey conducted by JPMorgan found that only 10 per cent of the institutional investment firms who participated in the survey trade in cryptocurrencies and almost half them have described this emerging digital asset class as “rat poison” or have… Read More ›
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Apple Daily, Pro-Democracy Newspaper Of Hong Kong, To Shut Down Under Government Pressure
Within hours of the Hong Kong police arresting another of its employee for allegedly breaching the controversial national security law, the embattled Hong Kong based pro-democracy newspaper Apple Daily said that it will stop all its operations starting on Wednesday… Read More ›
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UNESCO Recommends Putting Great Barrier Reef On The ‘In Danger’ List
According to a recommendation from officials of the United Nations, it is imperative that the Great Barrier Reef needs to put on to a list of world heritage sites that are classified as to be “in danger”, while also prodding… Read More ›
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Chinese Banks Directed To Stop Supporting Cryptocurrency By The Country’s Regulators
Chinese authorities have directed banks and payments platforms to not provide any more support to digital currency transactions as the country clamps down further on crypto currencies. This latest direction was preceded by an order on Friday for shutting down… Read More ›
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Combined-Antibody Therapies Found Effective Against Covid-19 Variants, Says New Study
The Washington University School of Medicine in St. Louis reported on Monday that a cocktail of two types of antibodies used as a therapy for Covid-19 was found to be working well against a wide range of variants of the… Read More ›
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Britain Starts Talks To Potentially Join The Trans-Pacific Trade Deal CPTPP
Negotiations for joining a trans-Pacific trade deal was started by Britain as it views the deal as crucial for its to end its dependence on the European Union in the post-Brexit era and shift towards markets that are geographically more… Read More ›
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UK Consumers Emerging From Lockdown Spend On Food Causing Dip In UK Retail Sales
According to official data form the United Kingdom, there was an unexpected drop in retail sales in the country in May as people came out of their homes after the lifting of lockdown restrictions and were seen spending money in… Read More ›
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Ireland Seeks A ‘Compromise’ On The 15% Global Tax Plan Of The G-7
While recognizing “the role of legitimate tax competition”, Ireland, which is the European headquarter of tech giants like Apple and Google, is trying to come to a compromise over global taxation, said the country’s finance minister in an interview to… Read More ›
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UK Inflation, At 2.1%, Rises Beyond Bank Of England Target Of 2.0%
With the United Kingdom reopens its economy after the multiple Covid-19 induced lockdowns, inflation in the British economy is set to continue to rise after an unexpected rise in May when it hit 2.1 per cent and was above the… Read More ›
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Euro Zone Inflation Surges Due To Surge In Energy And Services Price Boost
Consumer inflation in the euro zone increased in May as had been expected by economists because of a sharp surge in energy prices as well as more expensive services, according to data released on Thursday which pushed the pace of… Read More ›
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